Ethiopian Business Review

For a long time, rural poverty has been a big concern in Ethiopia. Compared to rural standards, the urban population, which was estimated at over 20 million last year, might live in better conditions.  But, recently, poverty among the urban population reached a point where it can be considered a crisis. Due to this, the World Bank, in partnership with the Ethiopian government, implemented the first Urban Productive Safety Net Program last year, at a cost of USD450 million, to reduce urban poverty. EBR’s Samson Berhane evaluates the success of the program.

Friday, 10 August 2018 18:00
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Why Converting Great Idea into Reality is Defficult for entrepreneurs in Ethiopia

Entrepreneurship is the process of designing, launching and running a new business, which is often initially a small one. The experiences of many successful countries reveal that when entrepreneurs create new businesses, they, intensify competition, and even increase productivity through technological change. This high level of entrepreneurship, in turn, translates directly into high levels of economic growth. Despite this fact, the level of entrepreneurship remains insignificant in Ethiopia. EBR’s Ashenafi Endale explores why it remains undeveloped in Ethiopia. 

Thursday, 02 August 2018 22:24
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Ever since the Food, Medicines & Healthcare Administration and  Control started implementing a new rule that requires the inspection of 18 food items, such as pasta, noodles and edible oil, imported into the country, businesses are crying foul over the surge in laboratory cost. The new measures, which are said to be part of the Authority’s five-year plan, forces importers to wait weeks in order to get test results, as well as raising the cost of laboratory tests. For a single 20-foot container, the cost of testing has increased by an average of 14pct, reaching as high as 100Pct, depending on the nature and type of imported food items. This has discouraged many importers and supermarket owners engaged in the wholesaling and retailing of food products. EBR’s Samson Berhane spoke to retailers, importers and government officials to explore the issue. 

Thursday, 02 August 2018 22:24
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